The U.S. dollar continued its downward spiral on Tuesday, extending losses after a week-long decline driven by mounting concerns over the nation’s fiscal health and cautious signals from the Federal ...
The U.S. dollar took a significant hit in global markets on Monday, dropping to a ten-day low against the Japanese yen and weakening against other major currencies. The decline follows ...
The Nigerian naira continued its upward trajectory against the U.S. dollar on Wednesday, posting a notable gain in the official foreign exchange market, according to the latest data from the ...
In a significant development for global markets, the U.S. dollar maintained its upward trajectory while the Chinese yuan soared to a six-month high on Tuesday, following the announcement of a ...
The U.S. dollar weakened further on Monday, driven by a sharp rise in the Taiwanese dollar, fueling speculation that some Asian nations might be allowing their currencies to appreciate to ...
The Nigerian naira has shown relative stability in foreign exchange (FX) markets despite fluctuating dollar inflows from the Central Bank of Nigeria (CBN) and an 8% year-to-date decline in the ...
U.S. President Donald Trump’s latest volley of criticism against Federal Reserve boss Jerome Powell has intensified concerns about the autonomy of the central bank, leading to a decline in the ...
According to the Central Bank of Nigeria (CBN), the proposed US dollar exchange rate as of April 21, 2025, is ₦1,599.9384. This marks a 0.28% decline in the USD/NGN rate ...
Over the past week, the exchange rate of the US dollar to Nigerian nairas has not been stable. The US dollar rate is ₦1,604.4809, as announced by the Central Bank ...
President Bola Tinubu’s Special Adviser on Economic Affairs, Dr Tope Fasua, has defended the value of the naira locally despite its depreciation against the dollar, saying that $1, which is ...
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